Robust order environment underpinned by Greater Tokyo redevelopment and investment in power transmission and distribution facilities
First written in FY2017-Q1. 15 of 27 entries say "Restated". Latest entry: FY2026.
Kandenko moved to the "Worse" side of this theme in 2020, 2 years before the typical company in this theme (2022).
The whole theme swung hardest in 2020: 3 of 16 companies on the "Worse" side.
3 other companies' latest entry also says "Other".
- FY2026Demand in growth sectors and continued investment in transmission and distribution facilitiesAnnual report
「Private-sector construction investment remained at a high level, driven by factory construction aimed at stabilizing supply chains and demand for new construction and renovation of office buildings in central urban areas. Power-facility investment was also carried out systematically, mainly through measures to address the aging of transmission and distribution equipment and maintain and improve its resilience.」
Construction demand for factories and offices, together with power-facility investment to address the aging of transmission and distribution equipment, remained high and progressed systematically. - FY2024Steady growth in power-facility investment driven by regulatory factorsAnnual report
「Power-facility investment also progressed steadily following the launch of the revenue-cap system, which encourages electric utilities to make planned capital investments.」
The launch of the revenue-cap system, in addition to the renewal of aging facilities, is cited as a factor behind the steady progress in power-facility investment. - FY2024-Q2RestatedAnnual report
「Private-sector construction investment remained at a high level, supported by large-scale redevelopment plans in central urban areas and the expansion of data centers to meet the growth of the cloud services market. Investment in power facilities also remained firm, mainly reflecting repair and renewal work on aging transmission and distribution facilities.」
The business environment continues to be characterized by high private-sector construction investment, supported by large-scale redevelopment and data-center expansions, and resilient investment in power facilities, mainly for the repair and renewal of transmission and distribution equipment. - FY2023High construction investment and firm power investmentAnnual report
「Private-sector construction investment remained at a high level, driven by factory construction to increase production capacity and demand for data centers accompanying the growing adoption of cloud services. Investment in power facilities also remained firm, mainly reflecting work to address the aging of the transmission and distribution network built during the period of rapid economic growth.」
The results show that, following the recovery expectations of the previous fiscal year, private-sector construction investment remained at a high level because of demand for factories and data centers, while investment in power facilities remained firm as work progressed to address the aging transmission and distribution network. - FY2023-Q2Economic recovery and a recovery in construction and power investmentAnnual report
「During the nine-month period of the fiscal year, the Japanese economy generally followed a path of moderate recovery, with corporate performance improving and employment conditions recovering as efforts progressed to balance measures against COVID-19 with social and economic activity, despite the impact of soaring global resource and energy prices. Against this backdrop, private-sector construction investment exceeded pre-pandemic levels, supported by construction demand for factories to strengthen supply chains and redevelopment projects in major metropolitan areas. Investment in power facilities also remained firm, mainly reflecting repair and renewal work on aging facilities.」
Compared with the challenging business environment of the previous fiscal year, corporate performance and employment conditions improved, private-sector construction investment exceeded pre-pandemic levels, and investment in power facilities remained firm. The impact of soaring resource and energy prices, however, continued. - FY2022Recovery expectations coexist with concerns over resource prices and supplyAnnual report
「Although the invasion of Ukraine by Russia has raised concerns about a further rise in resource prices and its impact on the supply of equipment and materials, domestic construction investment is expected to benefit from increased corporate willingness to invest in facilities to strengthen production capacity and the resumption of planned projects that had been postponed or frozen during the pandemic. Investment in power facilities, which had remained restrained, is also expected to recover gradually as equipment renewal proceeds across the transmission and distribution network built during the period of rapid economic growth.」
Expectations for a recovery in domestic construction investment and renewal of the transmission and distribution network are indicated, while surging resource prices and the impact on the supply of equipment and materials resulting from the invasion of Ukraine have emerged as new concerns. - FY2022-Q2RestatedAnnual report
「Although private-sector construction investment, particularly in manufacturing, showed signs of recovery, it had not returned to pre-pandemic levels, while investment in power facilities continued to be cut back, leaving the business environment surrounding the Group challenging.」
While private-sector construction investment, particularly in manufacturing, showed signs of recovery, it did not return to pre-pandemic levels, and the challenging business environment continued as investment in power facilities remained cut back. - FY2021WorsenedAnnual report
「Private-sector construction investment fell sharply as planned projects were postponed or frozen, while investment in power facilities also remained on a downward trend, leaving the business environment surrounding the Group challenging.」
In addition to the continuing restraint in investment in power facilities, private-sector construction investment also fell sharply as planned projects were postponed or frozen, and the challenging business environment continued. - FY2021-Q3WorsenedAnnual report
「During the nine-month period of the fiscal year, investment in power facilities remained restrained, while private-sector construction investment also declined as the spread of COVID-19 reduced capital investment, leaving the business environment generally challenging throughout the period.」
While restraint in investment in power facilities continued, private-sector construction investment, which had previously been firm, also began to decline, leaving the business environment generally challenging throughout the quarter. - FY2021-Q2WorsenedAnnual report
「As a result, private-sector construction investment fell sharply because of the postponement and freezing of planned projects, while investment in power facilities also remained restrained, leaving the business environment surrounding the Company generally challenging throughout the period.」
In addition to the continuing restraint in investment in power facilities, private-sector construction investment fell sharply as the impact of COVID-19 led to the postponement and freezing of planned projects, making the business environment even more challenging. - FY2021-Q1WorsenedAnnual report
「During the three-month period of the fiscal year, investment in power facilities remained restrained, while domestic construction investment, which had been strong, also weakened as the spread of COVID-19 reduced companies' willingness to invest in facilities. Business activity was constrained by the declaration of a state of emergency, and the business environment remained generally challenging throughout the period.」
In addition to the continuing restraint in investment in power facilities, domestic construction investment was affected by declining willingness to invest in facilities and constraints on business activity resulting from the declaration of a state of emergency, leaving the business environment challenging throughout the quarter. - FY2020A sharp deterioration in the business environment due to the COVID-19 pandemicAnnual report
「The Japanese economy was generally on a path of moderate recovery during the fiscal year, supported by solid corporate earnings and employment conditions, but business sentiment deteriorated sharply toward the end of the fiscal year due to the spread of COVID-19.」
In addition to the previously noted restraint in power-related investment and resilience in domestic construction investment, the Company explicitly disclosed a sharp deterioration in business sentiment due to COVID-19 toward the end of the fiscal year. - FY2020-Q3RestatedAnnual report
「During the nine-month period of the fiscal year, investment in power facilities continued to be cut back, but domestic construction investment remained generally firm, supported by demand for office building construction and the development and expansion of logistics facilities.」
The business environment continues to be described as one in which domestic construction investment remained firm, supported by office building construction and the development and expansion of logistics facilities, while investment in power facilities continued to be cut back. - FY2020-Q2RestatedAnnual report
「Against this backdrop, investment in power facilities continued to be cut back, but domestic construction investment remained generally firm, supported by demand to rebuild offices and commercial facilities and by the development and expansion of logistics facilities accompanying the growth of online transaction volumes.」
It is explained that domestic construction investment remained firm, supported by the rebuilding of offices and commercial facilities and the development and expansion of logistics facilities, while investment in power facilities continued to be cut back. - FY2020-Q1RestatedAnnual report
「During the three-month period of the fiscal year, power-related investment remained restrained, but private-sector construction investment remained firm, supported by large-scale redevelopment projects, particularly in the Tokyo metropolitan area, and investment in facilities to extend the service life of buildings and improve energy efficiency.」
It is explained that private-sector construction investment remained firm, supported by large-scale redevelopment projects in the Tokyo metropolitan area and investment to extend the service life of building facilities and improve energy efficiency, while power-related investment remained restrained. - FY2019RestatedAnnual report
「Investment in power-related projects remained on a downward trend, but private-sector construction investment continued to increase, driven by factory construction for labor saving and greater efficiency, as well as demand to rebuild aging offices and commercial facilities.」
It is explained that private-sector construction investment was on an upward trend, driven by factory construction for labor saving and greater efficiency and the rebuilding of offices and commercial facilities, while power-related investment continued to be cut back. - FY2019-Q3RestatedAnnual report
「During the nine-month period of the fiscal year, investment in power facilities continued to be cut back, but private-sector construction investment remained strong, supported by construction demand for office buildings associated with large-scale redevelopment projects in the Tokyo metropolitan area and factories to increase production capacity.」
The business environment continues to be described as one in which private-sector construction investment remained strong, supported by large-scale redevelopment projects and factory construction in the Tokyo metropolitan area, while investment in power facilities continued to be cut back. - FY2019-Q2RestatedAnnual report
「Against this backdrop, investment in power distribution facilities remained on a downward trend, but private-sector construction investment remained at a high level, supported by factory construction to increase production capacity and the expansion of accommodation facilities and other projects driven by inbound demand.」
It is explained that private-sector construction investment remained at a high level, supported by factory construction and the expansion of accommodation facilities and other projects, while investment in power distribution facilities continued to be cut back. - FY2019-Q1RestatedAnnual report
「During the three-month period of the fiscal year, private-sector construction investment remained at a high level, supported by factory construction to increase production capacity and the development and expansion of accommodation and transportation facilities to meet inbound demand. Power-related construction also remained firm, mainly reflecting investment in power distribution facilities.」
The business environment during the quarter is described as one of high private-sector construction investment and firm power-related construction, mainly involving investment in power distribution facilities. - FY2018RestatedAnnual report
「Although investment in power facilities continued to be cut back, private-sector construction investment remained at a high level, supported by construction demand for office buildings, commercial facilities and factories to increase production capacity in major metropolitan areas.」
It is explained that private-sector construction investment remained at a high level, supported by offices, commercial facilities and factory construction in major metropolitan areas, while investment in power facilities continued to be cut back. - FY2018-Q3RestatedAnnual report
「During the nine-month period of the fiscal year, investment in power facilities continued to be cut back, but private-sector construction investment remained strong, supported by demand for office buildings, commercial facilities and factories to increase production capacity, particularly in the Tokyo metropolitan area.」
The business environment continues to be described as one in which private-sector construction investment remained strong, supported by office buildings, commercial facilities and factory construction, while investment in power facilities continued to be cut back. - FY2018-Q2RestatedAnnual report
「Although investment in power-related projects continued to be cut back, the business environment surrounding the Company was generally favorable, supported by strong private-sector construction investment in large commercial facilities and office buildings, particularly in the Tokyo metropolitan area, as well as factory construction to support the return of production to Japan.」
It is explained that the business environment was generally favorable, supported by private-sector construction investment in large commercial facilities, office buildings and factories related to the return of production to Japan, despite continued cutbacks in power-related investment. - FY2018-Q1Changes in the business environment, including a decline in power-related constructionAnnual report
「During the three-month period of the fiscal year, power-related construction declined as a result of management streamlining by the Tokyo Electric Power Group, while private-sector construction investment remained strong, mainly in large-scale redevelopment projects and construction related to the Olympic and Paralympic Games.」
Against the previously strong business environment, the Company disclosed for the first time a decline in power-related construction resulting from management streamlining by the Tokyo Electric Power Group. Private-sector construction investment, however, remained strong. - FY2017RestatedAnnual report
「Accordingly, private-sector construction investment was on an upward trend, supported by construction demand for large offices, commercial facilities and other projects, particularly in the Tokyo metropolitan area. Although the full liberalization of retail electricity sales had some impact on investment in power facilities, such investment remained generally firm.」
The business environment for the year continues to be described in terms of strong construction demand for large projects in the Tokyo metropolitan area and generally firm investment in power facilities despite the impact of the full liberalization of retail electricity sales. - FY2017-Q3RestatedAnnual report
「During the nine-month period of the fiscal year, private-sector construction investment remained at a high level, supported by construction demand for large office buildings, commercial facilities and other projects, particularly in the Tokyo metropolitan area. Although the full liberalization of retail electricity sales had some impact on investment in power facilities, such investment remained generally firm.」
It is explained that private-sector construction investment remained at a high level, while investment in power facilities remained generally firm despite some impact from the full liberalization of retail electricity sales. - FY2017-Q2RestatedAnnual report
「Private-sector construction investment remained at a high level, driven by strong demand for large office buildings, commercial facilities and other projects. Power-related investment also showed an upward trend, mainly reflecting the renewal and repair of aging facilities that had previously been delayed.」
The business environment continues to be characterized by high private-sector construction investment and an upward trend in power-related investment, with the latter specifically identified as renewal and repair work on aging facilities. - FY2017-Q1First statedAnnual report
「Private-sector construction investment remained strong, supported by construction demand for large-scale redevelopment projects and office buildings, particularly in the Tokyo metropolitan area. Power-related construction also increased, mainly as a result of investment in power distribution facilities.」
The business environment during the quarter is described as strong in terms of private-sector construction investment, with increased investment in power distribution facilities.